Workout startup featuring content from celebs raises $5M as investors bet on at-home fitness
June 12, 2020
The NEOU app is available on any Apple TV, Roku and Amazon Fire TV and can also be streamed on mobile devices
NEOU, dubbed the “Netflix of fitness” workout startup, just raised $5 million in venture capital as investors are betting on the at-home workout fitness boom.
While the coronavirus pandemic forced many to opt for workouts at home, investors turned their eyes to at-home digital wellness, which found a silver lining of growth as gyms closed. NEOU, a digital fitness platform based in New York, launched its paid subscription service a year ago and has recently taken off, growing 500 percent in both acquisitions and engagement and now reaching 50,000 clients. But investors are looking beyond the pandemic… READ MORE @ FOX Business
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